The $10 million data purchase
Under the deal, Google will receive a comprehensive set of Spirit's internal communications and business records. The data is intended for use in training Google's AI models, according to the information available. The $10 million price tag is a relatively small outlay for Google, but it represents a meaningful cash injection for an airline that has been struggling financially.
Spirit's bankruptcy and asset sales
Spirit Airlines filed for bankruptcy protection, and the company has been working to stabilize its finances. Selling data is one way to generate revenue from assets that might otherwise have little value. The airline's bankruptcy case is ongoing, and the data sale is one of several transactions that have emerged from the proceedings. The exact details of how the data will be transferred and used
